FarCry Industries, a maker of telecommunications equipment, has $3$ million shares of common stock outstanding, $1$ million shares of preferred stock outstanding, and $10,000$ bonds. Suppose the common shares are selling for $$24$ per share, the preferred shares are selling for $$13\mathrm{.}00$ per share, and the bonds are selling for $97$ percent of par.

What would be the weight used for equity in the computation of FarCry$$s WACC?